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Creditors/credit purchase per day


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APP. The number of days a company takes to pay off credit purchases. It is calculated as Accounts Payable / (total annual purchases / 360).

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Q: How do you calculate average payment period?
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Related questions

How do you calculate Average credit period?

average credit period


What is average payment period?

Average Payment Period is the total opposite of the Average Collection Period. This is the average time taken by the company to pay off its credit purchases.Formula:APP = Accounts Payable / (Annual Credit Purchases / 365)


What is payment period?

Average Payment Period is the total opposite of the Average Collection Period. This is the average time taken by the company to pay off its credit purchases.Formula:APP = Accounts Payable / (Annual Credit Purchases / 365)


What is average payment?

Average Payment Period is the total opposite of the Average Collection Period. This is the average time taken by the company to pay off its credit purchases.Formula:APP = Accounts Payable / (Annual Credit Purchases / 365)


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Where can I find a monthly payment calculator for a mortgage?

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To calculate average trade debtors, you need to add the opening trade debtors balance to the closing trade debtors balance and divide it by 2. This will give you the average trade debtors for the specified period.


Where can I calculate a car payment online?

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